[Click eStock] "HPSP, Time to Re-Enter"

On the 20th, BNK Investment & Securities upgraded its investment opinion on HPSP to 'Buy,' stating that it is time to re-enter.

Lee Min-hee, a researcher at BNK Investment & Securities, said in a report on the same day, "Sales are expected to be sluggish in the second quarter of this year due to the decline in orders in the second half of last year," adding, "However, based on recent order trends, performance could recover to the highest quarterly level in the past by the fourth quarter of this year."

Researcher Lee Min-hee explained, "Recently, the company announced a share repurchase, which can be interpreted as a signal marking the beginning of a shareholder return policy," and added, "The deterioration in performance until the second quarter of this year has already been reflected in the stock price decline, and expectations seem to have lowered significantly compared to when the investment opinion was downgraded at the end of last year."

He continued, "In the second half of the year, test results for the new equipment HPO from client companies are expected, and expectations for entering the DRAM 1cnm process next year are also rising," concluding, "We maintain the target stock price at 58,000 won and upgrade the investment opinion."

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